The standard deadline for filing tax returns for both taxes is Monday 1 February 2021. However, based on the decision of the Minister of Finance published in Financial Bulletin No. 3/2021 of 7 January 2021, all sanctions for late filing of these returns are fully waived in case they are filed no later than 1 April 2021. Until the same date, it is also possible to pay underpayment on road tax for 2020 without any sanctions for late payment (for tax on immovable assets, the standard deadline for payment is 31 May 2021).
This waiver of sanctions applies to all taxpayers and there is no need to prove the impact of a pandemic on their business. The reason for this decision is to slow down the spread of the virus due to a higher accumulation of people in tax offices as in particular the tax return on immovable assets is filled in with the active help of tax administrators.
As we have already informed you in our previous article, for selected taxpayers that are affected by government restrictions, the deadline for payment of road tax for 2020 without sanctions is even until 16 August 2021.
Below you can see a summary of the important deadlines for filing and paying these taxes:
Filing the tax return
Possibility of payment without the interest on late payment until
Tax on immovable assets
1 April 2021
Waiver of a fine
31 May 2021
1 April 2021 for all taxable subjects;
16 August 2021 for selected taxable subjects
The tax return on immovable assets is filed by those taxpayers who acquired land, a residential or non-residential unit, or a taxable building into their ownership during the year 2020 and are therefore owners on 1 January 2021. In the case of an earlier acquisition of immovable property for which there was no change in 2020, there is no need to file a tax return, the tax is paid based on a payment order sent from the Tax office.
The tax return on road tax is filed by those taxpayers whose motor vehicles and trailers are subject to a road tax. These vehicles are the ones registered and used in the Czech Republic by corporate income taxpayers or personal income taxpayers using the car for business activities in accordance with the Income Tax Act.
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